Data as of Oct 28, 2026.

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Crypto ETFs

ARKB vs BRRR: Tracking, Returns & Fees

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Over the year to Oct 28, 2026, ARKB finished 0.13 of a percentage point behind Bitcoin and BRRR 0.22 behind.

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Net assets on Jun 30, 2026: $1.9bn for Ark 21Shares Bitcoin ETF and $342m for CoinShares Bitcoin ETF.

At a glance
−28.4%
ARKB returned, 1 year
−28.5%
BRRR returned, 1 year
−0.1 pts
ARKB against Bitcoin, in percentage points
−0.2 pts
BRRR against Bitcoin, in percentage points
ARKB · 1 year to Oct 28, 2026 Within a point of Bitcoin
Within a point of BitcoinARKB over 1 year: fund −28.42%, Bitcoin −28.30%, 0.13 pts behind Bitcoin. Data to Oct 28, 2026.Bitcoin−28.30%ARKB−28.42%about level with BitcoinTotal return, 1 year, fund against the coinWithin a point of BitcoinARKB over 1 year: fund −28.42%, Bitcoin −28.30%, 0.13 pts behind Bitcoin. Data to Oct 28, 2026.Bitcoin−28.30%ARKB−28.42%about level with BitcoinTotal return, 1 year

ARKB over 1 year: fund −28.42%, Bitcoin −28.30%, 0.13 pts behind Bitcoin. Data to Oct 28, 2026.

Data to Oct 28, 2026.
BRRR · 1 year to Oct 28, 2026 Within a point of Bitcoin
Within a point of BitcoinBRRR over 1 year: fund −28.52%, Bitcoin −28.30%, 0.22 pts behind Bitcoin. Data to Oct 28, 2026.Bitcoin−28.30%BRRR−28.52%about level with BitcoinTotal return, 1 year, fund against the coinWithin a point of BitcoinBRRR over 1 year: fund −28.52%, Bitcoin −28.30%, 0.22 pts behind Bitcoin. Data to Oct 28, 2026.Bitcoin−28.30%BRRR−28.52%about level with BitcoinTotal return, 1 year

BRRR over 1 year: fund −28.52%, Bitcoin −28.30%, 0.22 pts behind Bitcoin. Data to Oct 28, 2026.

Data to Oct 28, 2026.

Pair scorecard

ARKB costs 0.04 points a year less; their one-year returns differ by 0.1 points; ARKB is 5.6 times larger.

ARKB vs BRRR: Tracking, Returns & Fees
MeasureARKBBRRR
Return
Total return, 1 year−28.4%−28.5%
Against its benchmark
What it tracksBitcoinBitcoin
Against Bitcoin, same days0.1% behind0.2% behind
Cost and size
Expense ratio0.21%0.25%
Net assets, as of Jun 30, 2026$1.9bn$342m
Reports to the SEC on10-K, not N-PORT
Holdings
Holdings in commonnot published
ETFIQ Coin Capture Score · ARKB scores higher How much of what holding the coin gave did a holder of the fund keep?
IQ Crypto Score67.3ARKB36.5BRRR

How much of its coin's move it captured, after costs, ranked against 26 spot crypto trusts with a full year. 100 is best. How it is computed

1.9, the lowest in this set 98.1, the highest

A percentile among the 26 spot crypto trusts with a full year. Share of the coin's own price growth a holder kept; funds on different coins are ranked together. All crypto ETFs ranked by it →

Method

Side by side

ARKB Ark 21Shares Bitcoin ETF · Holds Bitcoin through a custodian, first traded Jan 11, 2024 BRRR CoinShares Bitcoin ETF · Holds Bitcoin through a custodian, first traded Jan 11, 2024
Sponsor Ark CoinShares
Holds Bitcoin Bitcoin
Net assets, as filed $1.9bn, balance sheet of Jun 30, 2026 $342m, balance sheet of Jun 30, 2026
Sponsor’s fee 0.21% 0.25%
Fee waiver the whole fee none
Staking the chain has none the chain has none
First traded Jan 11, 2024 Jan 11, 2024
Days since its first trade 1,021 days 1,021 days
Days it has traded 702 702
Days it closed unchanged 3 7
Quoted on an exchange, every trading day on an exchange, every trading day
Fund returned, 1 year −28.4% −28.5%
The coin over the same days −28.3% −28.3%
Difference, percentage points −0.1 pts −0.2 pts
Fund returned since launch +73.4% +72.8%
Difference since launch −1.6% of its growth −1.9% of its growth
Price $27.02 $22.96
Net assets, as of Jun 30, 2026 $1.9bn $342m

As of Oct 28, 2026. Source: ETFIQ.

Window by window

Window by window: ARKB vs BRRR: Tracking, Returns & Fees
Total returnThe coin over the same daysDifference, percentage points
WindowARKBBRRRARKBBRRRARKBBRRR
1 month−2.2%−2.3%−2.2%−2.2%0.0 pts−0.1 pts
3 months+28.3%+28.1%+28.3%+28.3%0.0 pts−0.2 pts
6 months+7.9%+7.8%+7.9%+7.9%0.0 pts−0.1 pts
1 year−28.4%−28.5%−28.3%−28.3%−0.1 pts−0.2 pts
Since each listedARKB Jan 2024 · BRRR Jan 2024+73.4%+72.8%+76.1%+76.1%−1.6% of its growth−1.9% of its growth

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The same coin, two trusts

ARKB and BRRR hold the same asset. Both are 1933 Act trusts holding Bitcoin through a custodian, so neither has a portfolio to compare: the whole of each fund is one line. Over the same days, ARKB finished 0.13 of a percentage point behind Bitcoin and BRRR 0.22 of a percentage point behind, so ARKB kept more of what holding the coin gave, by 0.09 of a percentage point. That gap is the fee, the custody, the creation and redemption friction and the market’s pricing of the shares, compounded into one number.

Client brief · page 1 of 2 Report BR-7DDDF0828C

ARKB and BRRR are built for the same job. How do they differ in cost, holdings and results?

  1. Size. ARKB has $1.9bn in net assets and BRRR $342m (net assets, as of Jun 30, 2026); ARKB is 5.6 times larger.
  2. What each follows (similar). Both follow Bitcoin.
  3. One-year total return (similar). Over 1 year to Oct 28, 2026 ARKB returned −28.4% and BRRR −28.5% with distributions reinvested, a gap of 0.1 points.

Data as of Oct 28, 2026.

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About each fund
ARKB

ARKB holds Bitcoin through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the year to Oct 28, 2026, Bitcoin moved −28.3% and ARKB returned −28.4%. That leaves it 0.13 of a percentage point behind. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks, and whatever the market paid for the shares rather than for the coin, all of it together. It is the only number on this page the sponsor does not publish itself. ARKB charges 0.21% a year and finished 0.1% behind Bitcoin, so the fee is almost the whole of the difference. A spot trust is not a registered investment company. It files a 10-K rather than an N-PORT, and its holding is one line: the Bitcoin it custodies.

BRRR

BRRR holds Bitcoin through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the year to Oct 28, 2026, Bitcoin moved −28.3% and BRRR returned −28.5%. That leaves it 0.22 of a percentage point behind. BRRR charges 0.25% a year and finished 0.2% behind Bitcoin, so the fee is almost the whole of the difference.

Questions people ask

Which tracked Bitcoin more closely, ARKB or BRRR?
Over the window to Oct 28, 2026, ARKB finished 0.13 of a percentage point behind Bitcoin and BRRR 0.22 of a percentage point behind, so ARKB tracked it more closely, by 0.09 of a percentage point. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks and whatever the market paid for the shares rather than for the coin, all together.
Do ARKB or BRRR pay a staking yield?
Bitcoin is a proof of work chain, so there is nothing to stake and no fund holding it can pay a staking yield.
What is the difference between ARKB and BRRR?
Both hold Bitcoin through a custodian and both trade on an exchange, so what separates them is what each costs a holder over time. ARKB is sponsored by Ark and first traded Jan 11, 2024; BRRR by CoinShares, first traded Jan 11, 2024.
Which is cheaper, ARKB or BRRR?
ARKB charges 0.21% a year and BRRR charges 0.25%, so ARKB is cheaper. Fees come from each fund's prospectus.
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Sources and dates

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, ARKB against BRRR, data as of Oct 28, 2026. https://etfiq.com/compare/crypto/arkb-vs-brrr

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.